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With credit conditions worsening abroad, Brazil makes it easier for three of the country's giant...

  • Friday, May 25, 2012, 12:55 PM ET
    With credit conditions worsening abroad, Brazil makes it easier for three of the country's giant firms - VALE, Petrobas (PBR), and Electrobas - to tap the state development bank for funding. Together, the three make up 25% of the Bovespa index, which is +1.3% today. EWZ +2.2%.
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